Asia-Pacific cybersecurity market is anticipated to grow at an overall
compound annual growth rate (CAGR) of 15% and will be worth of USD 46.09
Bn by 2023.

With increased internet penetration, cyberattacks are becoming more
powerful, allowing hacker's greater access to new technology. One such
example is the production a malware called Flame'. The improved accuracy
and frequency of cyber threats across different parts of the
Asia-Pacific region is one of the predominant factors that is
anticipated to drive the demand of various cybersecurity solutions.

Increase in cloud services, for social media and mobile devices, has
made traditional security systems obsolete. Digital identity has become
the crucial access to control mechanism. Hence, it enforces the adoption
of cybersecurity solutions among Enterprises.

By countries, the Asia-Pacific cybersecurity market is divided into
China, Japan, India and the rest of APAC. Japan is one of the largest
markets in the Asia-Pacific region. This is because the country had
already mandated uniform cybersecurity standards for government
organizations in 2014, to prevent unauthorized access and activity. The
Japanese government is working on a number of policies and awareness
initiatives to improve the cyber rating of the country.

By end use industries, Asia-Pacific's cybersecurity solution are
classified into financial services, telecommunication, healthcare,
public sector, and others. The Financial sector is expected to dominate
the market because this sector is heavily targeted by cyber threats. In
2016, Japan witnessed a massive cyber-attack- around 14000 ATMs were
attacked and the banking sector had to face huge cybercrime costs.